The city's published records show little recorded distress here in the last three years. Less recorded distress than 78% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty
points per 10 units; this building carries 3.5. In ZIP 11215, 70% of residential buildings hold an A and
4% grade D or F.
How grades work
this building
A
B
C
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
Open with the city right now
No current HPD flags in the latest weekly snapshot: no open violations, no
pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.
Patterns
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
5 service requests in the last three years. Most common: Snow or Ice (2) · UNSANITARY CONDITION (2) · Abandoned Bike (1).
Filed construction activity
No permitted work with a declared cost filed in the last decade. Permit
costs cover filed construction work only — they do not capture routine maintenance or repairs done
without a permit.
Rent-stabilization signals
Yes
Built before 1974 (1931)
Yes
Six or more residential units (8)
No
421-a / J-51 tax benefit on the current tax roll
2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit:
request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
Registered with HPD — the names behind the building
Registered owner(s)
392 PROSPECT AVENUE LLC
Head officer
NICHOLAS G KOTSONIS
Managing agent
KOTSONIS ORGANIZATION LLC
Last registered
2025-10-11
as filed by the owner in the building's HPD registration
What the city thinks it's worth
Tax year
City market value
Assessed value
2025
$1,932,000
$869,400
2026
$1,736,000
$781,200
2027
$2,083,000
$937,350
The city's market estimate has risen
8% between tax years 2025 and 2027.
Building systems
Heating fuel
NATURALGAS
Flood exposure
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Not in a hurricane evacuation zone.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
No street-flooding or sewer-backup complaints on record at this address.
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps
(cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
Getting around
Subway
15 St-Prospect Park — F G · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 7 Av / Prospect Av — B67 B69 · 400 ft
Citi Bike
7 Ave & 17 St · 450 ft · station location as of 2026-09-23; live availability
Distances are straight-line, not walking routes. Transit locations from the MTA and
Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.
5 311 service requests from this address in the last three years.
311 will ask for the address, the apartment if the problem is inside, and what's wrong.
Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints
appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box
on this page.
Most recent mortgage recorded against this lot: $244,031 on
2019-04-04 (lender: JPMorgan Chase Bank, N.A.). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2019-04-04
Mortgage $244,032 — from 392 PROSPECT AVENUE LLC to JPMORGAN CHASE BANK, N.A.
$244,032
2019-04-04
Agreement $2,255,968 — from 392 PROSPECT AVENUE LLC to JPMORGAN CHASE BANK, N.A.
$2,255,968
2014-05-09
AL&R $2,500,000 — from 392 PROSPECT AVENUE LLC; 392 PROSPECT AVENUE, L.L.C. to CARVER FEDERAL SAVINGS BANK
$2,500,000
2014-05-09
Agreement $2,500,000 — from 392 PROSPECT AVENUE, L.L.C.; 392 PROSPECT AVENUE LLC to CARVER FEDERAL SAVINGS BANK
$2,500,000
2014-05-09
Mortgage $904,585 — from 392 PROSPECT AVENUE LLC; 392 PROSPECT AVENUE, L.L.C. to CARVER FEDERAL SAVINGS BANK
$904,585
2009-10-16
AL&R $1,700,000 — from 392 PROSPECT AVENUE LLC to CAPITAL ONE, N.A.
$1,700,000
2009-10-16
Agreement $1,700,000 — from 392 PROSPECT AVENUE LLC to CAPITAL ONE, N.A.
$1,700,000
2009-10-16
Mortgage $865,543 — from 392 PROSPECT AVENUE LLC to CAPITAL ONE, N.A.
$865,543
2005-07-06
AL&R $880,000 — from 392 PROSPECT AVENUE, LLC to CARVER FEDERAL SAVINGS BANK
$880,000
2005-07-06
Deed $1,300,000 — from 633 MATTHEW LANE, LLC to 392 PROSPECT AVENUE, LLC
$1,300,000
2005-07-06
Mortgage $880,000 — from 392 PROSPECT AVENUE, LLC to CARVER FEDERAL SAVINGS BANK
$880,000
1999-03-04
Mortgage $34,552 — from BACOTTI, LOUIS J; BACOTTI, JEAN to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA
$34,552
1987-01-21
Mortgage $180,000 — from BACOTTI, LOUIS J; BACOTTI, JOHN L to KADILAC MTGE BANKERSLTD
$180,000
1984-05-16
Mortgage $17,500 — from BACOTTI, LOUIS J; BACOTTI, JOHN L to HAMILTON FEDL S&L ASSN
$17,500
1984-02-29
Mortgage $30,000 — from BACOTTI, JOHN L; BACOTTI, LOUIS J to MORTILLA, ROSE
$30,000
Ten-year activity
20100
2017
2018
13
2019
2020
2021
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
0
0
0
2018
0
2
0
1
3
2019
0
8
4
1
13
2020
0
3
0
2
5
2021
0
4
0
1
5
2022
0
2
0
1
3
2023
1
1
0
1
3
2024
0
4
0
1
5
2025
0
4
0
1
5
2026
0
4
0
1
5
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2026-03-06
311: UNSANITARY CONDITION — PESTS
2026-03-06
Tenant complaint: UNSANITARY CONDITION — PESTS
2026-01-14
Boiler inspection
2025-10-30
311: UNSANITARY CONDITION — PESTS
2025-10-30
Tenant complaint: UNSANITARY CONDITION — PESTS
The full timeline
2026
2026-05-05Bedbug filing: 0 infested units
2026-05-05HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2025-06-10HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2025-01-27Boiler inspection
2024
2024-12-22311: Snow or Ice — Sidewalk
2024-03-18Bedbug filing: 0 infested units
2024-02-15311: Abandoned Bike — Chained to Public Property
2024-01-25Boiler inspection
2024-01-20311: Snow or Ice — Sidewalk
2023
2023-11-29FDNY inspection (RISK)
2023-03-20Bedbug filing: 0 infested units
2023-01-11Boiler inspection
2022
2022-03-03Bedbug filing: 0 infested units
2022-03-01HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2022-01-10Boiler inspection
2021
2021-06-23Bedbug filing: 0 infested units
2021-06-21311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-04-12HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2021-04-12HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2020-02-29311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019
2019-12-20311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-10-31HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2019-05-31HPD class B: § 27-2005 ADM CODE PROPERLY SECURE THE LOOSE WOODEN HANDRAIL AT STAIRS LEADING TO 2ND STORY PUBLIC HALL STAIRS
2019-05-31HPD class A: § 27-2005 ADM CODE REPLACE WITH NEW THE MISSING SAFETY CAPS OR COVERS FOR THE ELECTRICAL OUTLETS AT EAST WALL AT PUBLIC HALL, 1st STORY
2019-05-31HPD class B: § 27-2005 ADM CODE PROPERLY SECURE THE LOOSE WOODEN HANDRAIL LEADING TO 4TH STORY PUBLIC HALL
2019-05-31HPD class B: § 27-2005, 2007 ADM CODE FIRE EGRESS DEFECTIVE. MAKE STATIONARY THE IRON LADDER LEADING TO SCUTTLE OPENING IN ROOF ... AT PUBLIC HALL, 4th S
2019-05-31HPD class B: § 27-2005 ADM CODE PROPERLY SECURE THE LOOSE METAL HANDRAIL AT FRONT STOOP
2019-04-14311: Sanitation Condition — 15 Street Cond/Dump-Out/Drop-Off
2019-04-04Mortgage assigned — from CARVER FEDERAL SAVINGS BANK to JPMORGAN CHASE BANK, N.A.
2019-04-04Mortgage $244,032 — from 392 PROSPECT AVENUE LLC to JPMORGAN CHASE BANK, N.A.$244,032
2019-04-04Agreement $2,255,968 — from 392 PROSPECT AVENUE LLC to JPMORGAN CHASE BANK, N.A.$2,255,968
2019-04-04TL&R — from 392 PROSPECT AVE LLC; 392 PROSPECT AVENUE, L.L.C. to CARVER FEDERAL SAVINGS BANK
2019-01-16Boiler inspection
2018
2018-12-05311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2018-05-25311: Dead/Dying Tree — Planted More Than 2 Years Ago
2006-06-07City emergency repair (OMO): apartment #1l: demolish approx (20sq.ft.) of livingroom ceiling and repair with sheetrock. tape, compound, prime and pai$451
2006-06-07City emergency repair (OMO): apartment #1l: repair approx (3sq.ft.) of ceramic cement floor at bathroom by sink. note: contractor must sign and retur$495
2006-06-02DOB complaint, category ?
2006-06-01Permit PL — ISSUED
2006-05-31Permit EW — ISSUED
2006-05-30Tenant complaint: PLUMBING — WATER SUPPLY
2006-05-09Tenant complaint: HEATING — HEAT RELATED
2006-02-20City emergency repair (OMO): apt 1l install one (1) new aluminum thermopane window at living room. *contractor must sign and return bid. **contractor$540
2005-11-28Tenant complaint: HEATING — HEAT RELATED
2005-11-26Tenant complaint: HEATING — HEAT RELATED
2005-11-25Tenant complaint: GENERAL — FLOOR
2005-11-25Tenant complaint: HEATING — HEAT RELATED
2005-11-25Tenant complaint: PLUMBING — BASIN/SINK
2005-11-25Tenant complaint: ELECTRIC — ELECTRIC-SUPPLY
2005-11-25Tenant complaint: GENERAL — FLOOR
2005-11-15Mortgage satisfied — from BACOTTI, JEAN; BACOTTI, JOHN L; BACOTTI, LOUIS J to KADILAC MORTGAGE BANKERS; ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA
2005-11-15TL&R — from BACOTTI, JEAN; BACOTTI, LOUIS J to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA
2005-10-27City emergency repair (OMO): apt.#1l: trace locate and repair leak from apt. 2l bathroom affecting apt. 1l ceiling below. repair appx 10 sq ft. of ba$743